UCO Bank's stock opened at 28.4 on 2026-02-02, surged to a high of 28.54, hit a low of 27.48, and closed up -0.39% at 28.29, with 8323656 shares traded. The highest price the stock achieved in the past 52 weeks is 42.94, while the lowest price it saw is 28.0.
Technicals
Support and Resistance: The current price of 28.29 for UCOBANK is supported at 28.2 and faces resistance at 29.23. These levels indicate that 28.2 could act as a floor, while 29.23 might limit any further price increases. Support/Resistance for UCOBANK
Aroon: The Aroon indicator shows a continued bearish trend, with Aroon Down remaining at 100. This indicates strong downward momentum, but to understand the full implications, the trend should be examined alongside other technical indicators. Aroon chart for UCO Bank
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for UCO Bank
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for UCO Bank
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for UCO Bank
Tripple Moving Agerage: The moving averages for the 20-50-100 periods point to a bullish trend for UCOBANK, though the slopes of the faster averages suggest that this strength may be waning. The potential for a reversal is becoming evident, as the shorter-term averages indicate that the current upward momentum could be losing steam. Tripple SMA chart for UCO Bank
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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